Crypto

Nomic Forwarding Bug Freezes 22.65 BTC on Osmosis

Guavy AI Editorial Team Published September 10, 2026

Instruments

BTC

Osmosis has frozen 22.65 BTC after a flaw in Nomic's custom forwarding system allowed a double-spend that left the allBTC asset partly unbacked by Bitcoin.

The invalid nBTC represents 36.03% of allBTC's backing, exposing holders to a shortfall while minting and redemption remain paused.

Osmosis said it plans to ask governance to confiscate the 22.65 BTC and use Bitcoin accumulated in the community pool to cover the remainder.

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